FlyDragon personal page - To The Moon

FlyDragon

FlyDragon

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09-27

Today my P/L. $$$😊

09-26

$Straits Times Index(STI.SI)$

09-24

Today my P&L 😁

08-29

🙏🙏🙏

04-23

My investment results today.🙌

04-16

💪💪💪

04-11

🙌

04-02

Today Hong Kong Market 😜

03-28

For Hong Kong Market 😊

02-17

🙏🙏🙏

02-03

😭😭😭

01-26

😅😅😅

01-24

Today trading🙌

2023-12-29

🙏🙏🙏

2023-12-14

Today result.🤦🏻‍♂️

2023-12-12

😁😁😁

2023-12-09

😊😊😊

2023-09-12

Yes. But this stock still very strong and recovery very fast

2023-04-11

Ok

My 5 Top Stocks to Buy in April

2023-03-29

👏👏👏

UP Fintech posts annual revenue of US$225.4 million in 2022

Go to Tiger App to see more news

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result.🤦🏻‍♂️","images":[{"img":"https://community-static.tradeup.com/news/5b7bf1555c293b25da0e3e6d6f2fb58e","width":"972","height":"1571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251680188121144","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":251328637706528,"gmtCreate":1702396761408,"gmtModify":1702396766922,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"😁😁😁","listText":"😁😁😁","text":"😁😁😁","images":[{"img":"https://community-static.tradeup.com/news/0e5ed0aaed6b756ae11b370e2b4ef755","width":"972","height":"1571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251328637706528","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":250023540613184,"gmtCreate":1702060000508,"gmtModify":1702060004871,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"😊😊😊","listText":"😊😊😊","text":"😊😊😊","images":[{"img":"https://community-static.tradeup.com/news/d1f845033ef0dab2b63940aeafdd4826","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/250023540613184","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":219094237618208,"gmtCreate":1694515661752,"gmtModify":1694515665949,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Yes. But this stock still very strong and recovery very fast&nbsp;","listText":"Yes. But this stock still very strong and recovery very fast&nbsp;","text":"Yes. But this stock still very strong and recovery very fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219094237618208","isVote":1,"tweetType":1,"viewCount":484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942630390,"gmtCreate":1681203621010,"gmtModify":1681203624718,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942630390","repostId":"2326693364","repostType":4,"repost":{"id":"2326693364","pubTimestamp":1681192649,"share":"https://ttm.financial/m/news/2326693364?lang=&edition=fundamental","pubTime":"2023-04-11 13:57","market":"us","language":"en","title":"My 5 Top Stocks to Buy in April","url":"https://stock-news.laohu8.com/highlight/detail?id=2326693364","media":"Motley Fool","summary":"These stocks share one primary common denominator -- great growth prospects.","content":"<html><head></head><body><div><p>Investing in stocks ranks as one of the best ways to make money over the long term. That&#39;s obvious when you look at the past. And while history doesn&#39;t repeat itself, the factors that caused stocks to perform well over the last century will likely prevail over the next 100 years as well.</p><p>But which stocks are the best picks to enable you to make money? Like most investors, I have my own opinion on how to answer that question. Here are my top five stocks to buy in April.</p><h2>1. Amazon</h2><p><strong>Amazon</strong> <span>(AMZN<span> 0.95%</span>)</span> stands out as one of the most impressive companies in the world, in my view. It has transformed retail and created a huge cloud-hosting market. I like the stock right now for two primary reasons.</p><div><app :collapse_on_load=\"false\" :instrument_id=\"202816\" :show_benchmark_compare=\"false\" amount_change=\"0.96\" average_volume=\"55,577,447\" company_name=\"Amazon.com\" current_price=\"102.06\" daily_high=\"102.38\" daily_low=\"99.80\" default_period=\"YTD\" dividend_yield=\"N/A\" exchange=\"NASDAQ\" fifty_two_week_high=\"158.65\" fifty_two_week_low=\"81.43\" gross_margin=\"43.81\" logo=\"https://g.foolcdn.com/art/companylogos/mark/AMZN.png\" market_cap=\"$1,046B\" pe_ratio=\"48.35\" percent_change=\"0.95\" symbol=\"AMZN\" volume=\"14,697\"></app></div><p>First, I think Amazon Web Services (AWS) still has tremendous growth prospects. Amazon CEO Andy Jassy predicts that AWS&#39;s market could expand exponentially over the next 10 to 15 years as organizations shift IT spending from on-premises to the cloud. I&#39;m confident that Jassy is right and that AWS will among the biggest winners from this trend.</p><p>Second, Amazon is taking key steps to reduce its costs. The company could be much more profitable if it continues to work to maximize margins. My take is that Amazon&#39;s earnings will grow significantly over the next several years. </p><div><div></div></div><h2>2. Brookfield Renewable</h2><p>Few businesses have as clear of a pathway to growth as <strong>Brookfield Renewable</strong> <span>(BEP<span> -0.03%</span>)</span> <span>(BEPC<span> -1.51%</span>)</span>. The demand for renewable energy will almost certainly increase as governments and corporations across the world scramble to reduce carbon emissions. </p><p>Brookfield Renewable is in a great position to help address the higher demand for renewable energy. The company&#39;s development pipeline includes 110 gigawatts of capacity, more than four times its current capacity of around 25 gigawatts. </p><p>I also like Brookfield Renewable&#39;s dividend yield of over 4.4%. Of the 12 high-yield dividend stocks in my portfolio, I view Brookfield Renewable as the best of the bunch.</p><h2>3. Devon Energy</h2><p>Speaking of great dividends, <strong>Devon Energy</strong> <span>(DVN<span> -1.16%</span>)</span> currently offers a dividend yield of nearly 9.6%. But should you be worried about the oil producer&#39;s two dividend cuts in recent months? I don&#39;t think so.</p><div><div></div></div><div><app :collapse_on_load=\"false\" :instrument_id=\"203351\" :show_benchmark_compare=\"false\" amount_change=\"-0.62\" average_volume=\"12,481,108\" company_name=\"Devon Energy\" current_price=\"52.91\" daily_high=\"53.53\" daily_low=\"52.72\" default_period=\"YTD\" dividend_yield=\"1.51%\" exchange=\"NYSE\" fifty_two_week_high=\"79.40\" fifty_two_week_low=\"44.03\" gross_margin=\"60.03\" logo=\"https://g.foolcdn.com/art/companylogos/mark/DVN.png\" market_cap=\"$35B\" pe_ratio=\"9.92\" percent_change=\"-1.16\" symbol=\"DVN\" volume=\"1,712\"></app></div><p>Devon&#39;s dividend has two components -- fixed and variable. The variable portion is based on excess free cash flow. As you might expect for an oil company, excess free cash flow fluctuated with oil prices. </p><p>The good news for Devon&#39;s dividend (and share price) is that oil prices are likely to rise with Saudi Arabia announcing that it&#39;s reducing oil production. I expect that Devon will deliver tremendous total returns at least over the next few years. </p><h2>4. The Trade Desk</h2><p><strong>The Trade Desk</strong> <span>(TTD<span> 3.77%</span>)</span> ranks as the biggest winner of these five stocks so far in 2023. Shares of the advertising technology leader have soared nearly 36% year to date. Is it too late to buy this high-flying stock? Nope.</p><div><app :collapse_on_load=\"false\" :instrument_id=\"338635\" :show_benchmark_compare=\"false\" amount_change=\"2.21\" average_volume=\"4,823,179\" company_name=\"Trade Desk\" current_price=\"60.85\" daily_high=\"60.96\" daily_low=\"57.17\" default_period=\"YTD\" dividend_yield=\"N/A\" exchange=\"NASDAQ\" fifty_two_week_high=\"76.75\" fifty_two_week_low=\"39.00\" gross_margin=\"82.18\" logo=\"https://g.foolcdn.com/art/companylogos/mark/TTD.png\" market_cap=\"$30B\" pe_ratio=\"290.38\" percent_change=\"3.77\" symbol=\"TTD\" volume=\"125\"></app></div><p>Ad-supported connected TV (CTV) still has tremendous growth ahead. The Trade Desk&#39;s platform is ideally suited for helping advertisers buy CTV ads that provide the biggest bang for the buck. Also, only around 10% of the company&#39;s advertising spend currently comes from international markets. The Trade Desk has a major opportunity outside of the U.S.</p><div><div></div></div><p>The biggest concern for this stock is that its valuation is at a nose-bleed level. However, I think the premium price tag is worth it based on The Trade Desk&#39;s future prospects.</p><h2>5. Vertex Pharmaceuticals</h2><p>There&#39;s no healthcare stock that I like more right now than <strong>Vertex Pharmaceuticals</strong> <span>(VRTX<span> -0.09%</span>)</span>. The big biotech continues to deliver solid revenue and earnings growth thanks to its cystic fibrosis (CF) drugs. Those therapies currently have no competition in treating the underlying cause of CF. The nearest rival is at best years away from even having a chance at winning regulatory approvals.</p><p>Vertex is now one step closer to bringing a new blockbuster to market. The company and its partner, <strong>CRISPR Therapeutics</strong>, recently completed their submission to the U.S. Food and Drug Administration for approval of exa-cel in treating rare blood disorders sickle cell disease and transfusion-dependent beta-thalassemia. Vertex and CRISPR Therapeutics also await European Union approvals in both indications.</p><p>Two other pipeline programs could be launched by the end of 2024. Vertex expects to complete late-stage testing for non-opioid pain drug VX-548 by early next year. The company is also evaluating a triple-drug combo in treating CF in late-stage testing. Both products have the potential to generate annual sales of more than $2 billion. </p><div></div></div></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>My 5 Top Stocks to Buy in April</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMy 5 Top Stocks to Buy in April\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-11 13:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/10/my-5-top-stocks-to-buy-in-april/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing in stocks ranks as one of the best ways to make money over the long term. That's obvious when you look at the past. And while history doesn't repeat itself, the factors that caused stocks to...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/10/my-5-top-stocks-to-buy-in-april/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DVN":"德文能源","BEP":"Brookfield Renewable Partners LP","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2023/04/10/my-5-top-stocks-to-buy-in-april/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2326693364","content_text":"Investing in stocks ranks as one of the best ways to make money over the long term. That's obvious when you look at the past. And while history doesn't repeat itself, the factors that caused stocks to perform well over the last century will likely prevail over the next 100 years as well.But which stocks are the best picks to enable you to make money? Like most investors, I have my own opinion on how to answer that question. Here are my top five stocks to buy in April.1. AmazonAmazon (AMZN 0.95%) stands out as one of the most impressive companies in the world, in my view. It has transformed retail and created a huge cloud-hosting market. I like the stock right now for two primary reasons.First, I think Amazon Web Services (AWS) still has tremendous growth prospects. Amazon CEO Andy Jassy predicts that AWS's market could expand exponentially over the next 10 to 15 years as organizations shift IT spending from on-premises to the cloud. I'm confident that Jassy is right and that AWS will among the biggest winners from this trend.Second, Amazon is taking key steps to reduce its costs. The company could be much more profitable if it continues to work to maximize margins. My take is that Amazon's earnings will grow significantly over the next several years. 2. Brookfield RenewableFew businesses have as clear of a pathway to growth as Brookfield Renewable (BEP -0.03%) (BEPC -1.51%). The demand for renewable energy will almost certainly increase as governments and corporations across the world scramble to reduce carbon emissions. Brookfield Renewable is in a great position to help address the higher demand for renewable energy. The company's development pipeline includes 110 gigawatts of capacity, more than four times its current capacity of around 25 gigawatts. I also like Brookfield Renewable's dividend yield of over 4.4%. Of the 12 high-yield dividend stocks in my portfolio, I view Brookfield Renewable as the best of the bunch.3. Devon EnergySpeaking of great dividends, Devon Energy (DVN -1.16%) currently offers a dividend yield of nearly 9.6%. But should you be worried about the oil producer's two dividend cuts in recent months? I don't think so.Devon's dividend has two components -- fixed and variable. The variable portion is based on excess free cash flow. As you might expect for an oil company, excess free cash flow fluctuated with oil prices. The good news for Devon's dividend (and share price) is that oil prices are likely to rise with Saudi Arabia announcing that it's reducing oil production. I expect that Devon will deliver tremendous total returns at least over the next few years. 4. The Trade DeskThe Trade Desk (TTD 3.77%) ranks as the biggest winner of these five stocks so far in 2023. Shares of the advertising technology leader have soared nearly 36% year to date. Is it too late to buy this high-flying stock? Nope.Ad-supported connected TV (CTV) still has tremendous growth ahead. The Trade Desk's platform is ideally suited for helping advertisers buy CTV ads that provide the biggest bang for the buck. Also, only around 10% of the company's advertising spend currently comes from international markets. The Trade Desk has a major opportunity outside of the U.S.The biggest concern for this stock is that its valuation is at a nose-bleed level. However, I think the premium price tag is worth it based on The Trade Desk's future prospects.5. Vertex PharmaceuticalsThere's no healthcare stock that I like more right now than Vertex Pharmaceuticals (VRTX -0.09%). The big biotech continues to deliver solid revenue and earnings growth thanks to its cystic fibrosis (CF) drugs. Those therapies currently have no competition in treating the underlying cause of CF. The nearest rival is at best years away from even having a chance at winning regulatory approvals.Vertex is now one step closer to bringing a new blockbuster to market. The company and its partner, CRISPR Therapeutics, recently completed their submission to the U.S. Food and Drug Administration for approval of exa-cel in treating rare blood disorders sickle cell disease and transfusion-dependent beta-thalassemia. Vertex and CRISPR Therapeutics also await European Union approvals in both indications.Two other pipeline programs could be launched by the end of 2024. Vertex expects to complete late-stage testing for non-opioid pain drug VX-548 by early next year. The company is also evaluating a triple-drug combo in treating CF in late-stage testing. Both products have the potential to generate annual sales of more than $2 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941143478,"gmtCreate":1680079365595,"gmtModify":1680079369009,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"👏👏👏","listText":"👏👏👏","text":"👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941143478","repostId":"1174166301","repostType":2,"repost":{"id":"1174166301","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1680076850,"share":"https://ttm.financial/m/news/1174166301?lang=&edition=fundamental","pubTime":"2023-03-29 16:00","market":"us","language":"en","title":"UP Fintech posts annual revenue of US$225.4 million in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1174166301","media":"Tiger Newspress","summary":"The company turns a profit in non-GAAP terms for the third consecutive year Annual target of new fun","content":"<html><head></head><body><ul><li><p>The company turns a profit in non-GAAP terms for the third consecutive year</p></li><li><p><span style=\"color:#3370FF;\"> </span>Annual target of new funded accounts is overachieved amid scaled-up global expansion</p></li></ul><p style=\"text-align: start;\"><strong>Singapore and New York, March 29, 2023 — UP Fintech Holding Limited</strong> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.</p><p style=\"text-align: start;\">Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.</p><p style=\"text-align: start;\">In the fourth quarter of 2022, UP Fintech&#39;s total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.</p><p style=\"text-align: start;\">During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company&#39;s annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.</p><p style=\"text-align: start;\">In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers&#39; total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.</p><p style=\"text-align: start;\">&#34;In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve&#39;s interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,&#34; said <strong>Wu Tianhua, CEO and founder of UP Fintech</strong>.</p><p style=\"text-align: start;\">&#34;<strong>Looking back over the past year</strong>, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&amp;D and increasing operational efficiency, actions that halved the company&#39;s clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. <strong>Looking forward</strong>, we are optimistic about the market, and will remain zeroed in on R&amp;D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,&#34; <strong>Wu added</strong>.</p><p style=\"text-align: start;\"><strong>In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoY</strong></p><p style=\"text-align: start;\"><strong>Tiger Trade extensively favored for global investing across Singapore</strong></p><p style=\"text-align: start;\">In 2022, the company&#39;s global expansion tread steadily with positive outcomes and increasingly wide public recognition.</p><p style=\"text-align: start;\">By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.</p><p style=\"text-align: start;\">In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company&#39;s rising attraction to high-net-worth customers.</p><p style=\"text-align: start;\">Thanks to the unparalleled user experience offered by the company&#39;s innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.</p><p style=\"text-align: start;\">The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.</p><p style=\"text-align: start;\"><strong>Official arrival in Hong Kong with bang for the buck offers</strong></p><p style=\"text-align: start;\">The company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.</p><p style=\"text-align: start;\">Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.</p><p style=\"text-align: start;\">In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.</p><p style=\"text-align: start;\">In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in &#34;International Share Trading&#34; category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.</p><p style=\"text-align: start;\"><strong>US stock AIP and fractional share features introduced</strong></p><p style=\"text-align: start;\"><strong>In a bid to help investors weather market volatilities</strong></p><p style=\"text-align: start;\">In 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%</p><p style=\"text-align: start;\">In Q4, the Automatic Investment Plan (AIP) feature officially supported S&amp;P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.</p><p style=\"text-align: start;\">AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.</p><p style=\"text-align: start;\">Both features — US stock fractional share trading and AIP — represent the company&#39;s latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retention</p><p style=\"text-align: start;\">In Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.</p><p style=\"text-align: start;\"><strong>Tiger Vault grows further and stronger</strong></p><p style=\"text-align: start;\"><strong>Annualized yield reaches 4.7%*</strong></p><p style=\"text-align: start;\">The company&#39;s wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers&#39; assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.</p><p style=\"text-align: start;\">Until now, Tiger Vault&#39;s seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.</p><p style=\"text-align: start;\">In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.</p><p style=\"text-align: start;\">The company&#39;s investor education initiative further dived in to understand the investors&#39; demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.</p><p style=\"text-align: start;\">A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.</p><p style=\"text-align: start;\"><strong>Ranked third globally by US IPO underwriting deal count</strong></p><p style=\"text-align: start;\"><strong>&#39;Consulting + SaaS&#39; ESOP closed-loop system structured to transform equity management</strong></p><p style=\"text-align: start;\">During Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.</p><p style=\"text-align: start;\">The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market&#39;s warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.</p><p style=\"text-align: start;\">In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.</p><p style=\"text-align: start;\">Starting from Q4, the company&#39;s ESOP business spun off to operate under the new brand &#34;UponeShare&#34;. In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.</p><p style=\"text-align: start;\">In 2022, UponeShare launched consulting services for incentive stock options, part of the &#34;consulting + SaaS&#34; closed-loop system shaped to speed up the sector&#39;s equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China&#39;s A-share system, while services including foreign currency registration and taxation recordation started to win the clients&#39; hearts.</p><p style=\"text-align: start;\">In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\">*4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault&#39;s fund SGXZ99103178. Please note that this historical rate does not guarantee the fund&#39;s future yields.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: start;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p style=\"text-align: start;\">Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p style=\"text-align: start;\">We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: start;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.</p><p style=\"text-align: start;\">For more information about UP Fintech as a company, please visit itigerup.com</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: start;\">This announcement contains forward−looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company&#39;s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</p><p style=\"text-align: start;\"> </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech posts annual revenue of US$225.4 million in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech posts annual revenue of US$225.4 million in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-29 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p>The company turns a profit in non-GAAP terms for the third consecutive year</p></li><li><p><span style=\"color:#3370FF;\"> </span>Annual target of new funded accounts is overachieved amid scaled-up global expansion</p></li></ul><p style=\"text-align: start;\"><strong>Singapore and New York, March 29, 2023 — UP Fintech Holding Limited</strong> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.</p><p style=\"text-align: start;\">Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.</p><p style=\"text-align: start;\">In the fourth quarter of 2022, UP Fintech&#39;s total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.</p><p style=\"text-align: start;\">During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company&#39;s annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.</p><p style=\"text-align: start;\">In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers&#39; total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.</p><p style=\"text-align: start;\">&#34;In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve&#39;s interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,&#34; said <strong>Wu Tianhua, CEO and founder of UP Fintech</strong>.</p><p style=\"text-align: start;\">&#34;<strong>Looking back over the past year</strong>, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&amp;D and increasing operational efficiency, actions that halved the company&#39;s clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. <strong>Looking forward</strong>, we are optimistic about the market, and will remain zeroed in on R&amp;D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,&#34; <strong>Wu added</strong>.</p><p style=\"text-align: start;\"><strong>In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoY</strong></p><p style=\"text-align: start;\"><strong>Tiger Trade extensively favored for global investing across Singapore</strong></p><p style=\"text-align: start;\">In 2022, the company&#39;s global expansion tread steadily with positive outcomes and increasingly wide public recognition.</p><p style=\"text-align: start;\">By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.</p><p style=\"text-align: start;\">In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company&#39;s rising attraction to high-net-worth customers.</p><p style=\"text-align: start;\">Thanks to the unparalleled user experience offered by the company&#39;s innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.</p><p style=\"text-align: start;\">The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.</p><p style=\"text-align: start;\"><strong>Official arrival in Hong Kong with bang for the buck offers</strong></p><p style=\"text-align: start;\">The company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.</p><p style=\"text-align: start;\">Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.</p><p style=\"text-align: start;\">In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.</p><p style=\"text-align: start;\">In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in &#34;International Share Trading&#34; category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.</p><p style=\"text-align: start;\"><strong>US stock AIP and fractional share features introduced</strong></p><p style=\"text-align: start;\"><strong>In a bid to help investors weather market volatilities</strong></p><p style=\"text-align: start;\">In 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%</p><p style=\"text-align: start;\">In Q4, the Automatic Investment Plan (AIP) feature officially supported S&amp;P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.</p><p style=\"text-align: start;\">AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.</p><p style=\"text-align: start;\">Both features — US stock fractional share trading and AIP — represent the company&#39;s latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retention</p><p style=\"text-align: start;\">In Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.</p><p style=\"text-align: start;\"><strong>Tiger Vault grows further and stronger</strong></p><p style=\"text-align: start;\"><strong>Annualized yield reaches 4.7%*</strong></p><p style=\"text-align: start;\">The company&#39;s wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers&#39; assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.</p><p style=\"text-align: start;\">Until now, Tiger Vault&#39;s seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.</p><p style=\"text-align: start;\">In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.</p><p style=\"text-align: start;\">The company&#39;s investor education initiative further dived in to understand the investors&#39; demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.</p><p style=\"text-align: start;\">A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.</p><p style=\"text-align: start;\"><strong>Ranked third globally by US IPO underwriting deal count</strong></p><p style=\"text-align: start;\"><strong>&#39;Consulting + SaaS&#39; ESOP closed-loop system structured to transform equity management</strong></p><p style=\"text-align: start;\">During Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.</p><p style=\"text-align: start;\">The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market&#39;s warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.</p><p style=\"text-align: start;\">In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.</p><p style=\"text-align: start;\">Starting from Q4, the company&#39;s ESOP business spun off to operate under the new brand &#34;UponeShare&#34;. In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.</p><p style=\"text-align: start;\">In 2022, UponeShare launched consulting services for incentive stock options, part of the &#34;consulting + SaaS&#34; closed-loop system shaped to speed up the sector&#39;s equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China&#39;s A-share system, while services including foreign currency registration and taxation recordation started to win the clients&#39; hearts.</p><p style=\"text-align: start;\">In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\">*4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault&#39;s fund SGXZ99103178. Please note that this historical rate does not guarantee the fund&#39;s future yields.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: start;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p style=\"text-align: start;\">Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p style=\"text-align: start;\">We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: start;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.</p><p style=\"text-align: start;\">For more information about UP Fintech as a company, please visit itigerup.com</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: start;\">This announcement contains forward−looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company&#39;s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</p><p style=\"text-align: start;\"> </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174166301","content_text":"The company turns a profit in non-GAAP terms for the third consecutive year Annual target of new funded accounts is overachieved amid scaled-up global expansionSingapore and New York, March 29, 2023 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.In the fourth quarter of 2022, UP Fintech's total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company's annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers' total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.\"In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve's interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,\" said Wu Tianhua, CEO and founder of UP Fintech.\"Looking back over the past year, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&D and increasing operational efficiency, actions that halved the company's clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. Looking forward, we are optimistic about the market, and will remain zeroed in on R&D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,\" Wu added.In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoYTiger Trade extensively favored for global investing across SingaporeIn 2022, the company's global expansion tread steadily with positive outcomes and increasingly wide public recognition.By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company's rising attraction to high-net-worth customers.Thanks to the unparalleled user experience offered by the company's innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.Official arrival in Hong Kong with bang for the buck offersThe company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in \"International Share Trading\" category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.US stock AIP and fractional share features introducedIn a bid to help investors weather market volatilitiesIn 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%In Q4, the Automatic Investment Plan (AIP) feature officially supported S&P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.Both features — US stock fractional share trading and AIP — represent the company's latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retentionIn Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.Tiger Vault grows further and strongerAnnualized yield reaches 4.7%*The company's wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers' assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.Until now, Tiger Vault's seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.The company's investor education initiative further dived in to understand the investors' demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.Ranked third globally by US IPO underwriting deal count'Consulting + SaaS' ESOP closed-loop system structured to transform equity managementDuring Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market's warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.Starting from Q4, the company's ESOP business spun off to operate under the new brand \"UponeShare\". In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.In 2022, UponeShare launched consulting services for incentive stock options, part of the \"consulting + SaaS\" closed-loop system shaped to speed up the sector's equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China's A-share system, while services including foreign currency registration and taxation recordation started to win the clients' hearts.In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO. *4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault's fund SGXZ99103178. Please note that this historical rate does not guarantee the fund's future yields. About UP FintechUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.We strive to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform \"Tiger Trade\", own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.For more information about UP Fintech as a company, please visit itigerup.com Safe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as \"may,\" \"might,\" \"aim,\" \"likely to,\" \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\"SEC\") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":354048370913568,"gmtCreate":1727445681692,"gmtModify":1727445686951,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Today my P/L. $$$😊","listText":"Today my P/L. $$$😊","text":"Today my P/L. $$$😊","images":[{"img":"https://community-static.tradeup.com/news/ff57c5194b35b6e8e0f9d1ddd0304c31","width":"972","height":"1571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354048370913568","isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9912005606,"gmtCreate":1664693546606,"gmtModify":1676537495441,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>😭","listText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>😭","text":"$8VI Holdings Ltd(8VI.AU)$😭","images":[{"img":"https://community-static.tradeup.com/news/abb093b49de61f65dead22ca33d61419","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9912005606","isVote":1,"tweetType":1,"viewCount":1324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9920904113,"gmtCreate":1670411418533,"gmtModify":1676538362436,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920904113","repostId":"2289814769","repostType":4,"repost":{"id":"2289814769","pubTimestamp":1670427122,"share":"https://ttm.financial/m/news/2289814769?lang=&edition=fundamental","pubTime":"2022-12-07 23:32","market":"us","language":"en","title":"3 Supercharged Growth Stocks With 393% to 1,153% Upside in 2023, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2289814769","media":"Motley Fool","summary":"Select Wall Street analysts believe these fast-growing companies could skyrocket next year.","content":"<html><head></head><body><p>This has been a historic year for all the wrong reasons. The bond market has delivered its worst year on record, the <b>S&amp;P 500</b> produced its worst first-half return in 52 years, and the nation&#39;s central bank is aggressively raising interest rates as the stock market plunges. There simply haven&#39;t been many safe havens for investors.</p><p>Yet in spite of these challenges, most Wall Street analysts maintain an optimistic tone. The reason being that recessions and bear markets tend to be short-lived. With the major U.S. indexes eventually erasing corrections, crashes, and bear markets over time, it generally pays to be an optimist.</p><p>However, some analysts are taking optimism to an extreme. Based on the highest price targets issued by Wall Street, the following three supercharged growth stocks offer upside ranging between 393% and 1,153% in 2023.</p><h2>Plug Power: Implied upside of 393%</h2><p>The first fast-paced company with serious upside is hydrogen fuel-cell solution provider <b>Plug Power</b>. According to analyst Amit Dayal of H.C. Wainwright, Plug Power can reach $78. For those of you keeping score at home, this would work out to a near-quintupling in the company&#39;s share price in 2023.</p><p>Dayal&#39;s optimism stems from a number of catalysts. First and foremost is the ongoing shift by most developed countries toward a renewable-energy-driven future. Plug expects to play a key role in supplying fuel cells for vehicles and industrial equipment (e.g., forklifts), as well as building the infrastructure needed to support fuel cell vehicle refueling.</p><p>Additionally, Dayal is excited about management&#39;s efforts to improve operating margin while continuing to rapidly growing sales. Earlier this year, Dayal cited the opening of the company&#39;s fuel cell gigafactory in New York (this occurred in mid-November) and the rollout of next-generation GenDrive units, which are less costly to service, as reasons the company&#39;s margin can improve.</p><p>But the biggest catalyst of all might just be Plug Power&#39;s ability to forge partnerships and joint ventures. It landed an equity investment from SK Group in early 2021 and is working with <b>Renault</b> via a joint venture to go after a significant portion of Europe&#39;s light commercial vehicle market. These partnerships should help lift Plug from just over $500 million in sales in 2021 to a company-forecast $3 billion in revenue by 2025.</p><p>However -- and this is the <i>big</i> &#34;however&#34; -- Plug Power isn&#39;t profitable, and the growing likelihood of a U.S. recession, coupled with high inflation in most developed countries, could coerce businesses and governments to postpone their green-energy transition/spending to a later date.</p><p>With Plug Power already valued at north of $9 billion, a lot of its future sales growth appears to be baked in. Until the company can plant its proverbial feet in the ground and deliver on the bottom line, a $78 price target will be hard to justify.</p><h2>Bionano Genomics: Implied upside of 474%</h2><p>A second supercharged growth stock with monumental upside, at least according to one Wall Street analyst, is small-cap genome analysis company <b>Bionano Genomics</b>. If <b>Oppenheimer</b> analyst Francois Brisebois is correct, Bionano shares will hit $12 in 2023, which would represent an upside of a cool 474%.</p><p>Although Brisebois is the current analyst covering Bionano for Oppenheimer, it was his predecessor, Kevin DeGeeter, who primarily laid out the case for Bionano Genomics running to $12. In DeGeeter&#39;s view, Bionano&#39;s optical genome mapping (OGM) system, known as Saphyr, has demonstrated that it&#39;s faster, less expensive, and in many ways more effective at identifying structural genome variations than other OGM systems.</p><p>One thing investors don&#39;t have to worry about with Bionano Genomics is a lack of data demonstrating Saphyr&#39;s efficacy. Over the past two years, the company has released numerous studies and data points extolling Saphyr&#39;s ability to recognize structural variations in everything from various types of cancer to genetic disorders and recurrent pregnancy loss. In theory, Saphyr can play a key role in helping researchers and drug developers fight hard-to-treat diseases.</p><p>Another positive for Bionano Genomics is its healthy cash position. After its share price went parabolic to begin 2021, management wisely chose to issue stock to raise plenty of capital. The company ended September with approximately $180 million in cash, cash equivalents, and available-for-sale securities.  That&#39;s more than enough to offset quarterly losses as the company continues to innovate and look for ways to expand Saphyr&#39;s utility.</p><p>So, why is Bionano Genomics at $2.09 per share and not $12? The answer to that question largely has to do with Saphyr not being an approved diagnostic system by the U.S. Food and Drug Administration (FDA). Without this approval, Saphyr&#39;s utility is limited within the United States. It&#39;s not exactly clear if and when Saphyr might get the green light from the FDA, either.</p><p>Although Bionano&#39;s cash does provide a somewhat safe floor, the ceiling proposed by Brisebois and DeGeeter doesn&#39;t seem achievable without FDA support.</p><h2>Novavax: Implied upside of 1,153%</h2><p>The third supercharged growth stock with truly jaw-dropping upside potential, based on the price target of one analyst, is biotech stock <b>Novavax</b>. According to H.C. Wainwright analyst Vernon Bernardino, who last updated his firm&#39;s price target in March 2022, Novavax is poised to hit (drum roll) $207 per share. That represents a whopping 1,153% upside from where shares ended this past week.</p><p>Bernardino&#39;s price target, which sits as the high-water mark among covering analysts, was based on the idea that Novavax would receive authorization to sell its protein-based COVID-19 vaccine, NVX-CoV2373, worldwide. Whereas the <b>Moderna</b> and <b>Pfizer</b>/<b>BioNTech</b> vaccines rely on messenger-RNA (mRNA) technology, the Novavax vaccine is differentiated in that it relies on an older and more traditional application of introducing harmless pieces of spike protein to teach a person&#39;s immune system how to fight and/or prevent infection. The thinking here is that folks who were leery of getting an mRNA vaccine might be more willing to receive an initial series or booster shots from Novavax&#39;s protein-based COVID-19 vaccine.</p><p>Something else that&#39;s working in Novavax&#39;s favor is the efficacy of NVX-CoV2373. Only three COVID-19 vaccines have reached the highly coveted 90% vaccine efficacy (VE) level. Those being Moderna (94.1%), Pfizer/BioNTech (95%), and Novavax (90.4%) with its U.S./Mexico trial in 2021. Even though VE is just one measure of efficacy, it&#39;s a strong enough headline number to keep Novavax in the global rotation as a major initial series and booster vaccine player.</p><p>Similar to Bionano, Novavax is swimming with cash. The company ended the third quarter with $1.28 billion in cash and cash equivalents, which is more than enough to cover the future repayment of its convertible notes and fuel ongoing research.  In particular, Novavax could be one of the first drug developers to bring a combination vaccine targeting COVID-19 and influenza to market.</p><p>But even being a shareholder, I don&#39;t in any way foresee $207 as a viable price target for Novavax in 2023. With the company enduring numerous emergency-use filing delays and production snafus, it missed out on most of the low-hanging fruit in developed markets in 2022. Moving forward, it&#39;ll primarily be focusing its attention on recurring booster shots in developed countries and initial series vaccinations in emerging markets.</p><p>While I believe Novavax is an amazing value at its current share price, it could take a couple of quarters before Wall Street realizes that as well. If sales growth continues, losses shrink, and the company advances its combination vaccines, it could certainly end 2023 on a much higher note than it&#39;ll finish 2022.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Supercharged Growth Stocks With 393% to 1,153% Upside in 2023, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Supercharged Growth Stocks With 393% to 1,153% Upside in 2023, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/06/3-growth-stocks-with-393-to-1153-upside-in-2023/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This has been a historic year for all the wrong reasons. The bond market has delivered its worst year on record, the S&P 500 produced its worst first-half return in 52 years, and the nation's central ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/06/3-growth-stocks-with-393-to-1153-upside-in-2023/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药","PLUG":"普拉格能源","BNGO":"Bionano Genomics"},"source_url":"https://www.fool.com/investing/2022/12/06/3-growth-stocks-with-393-to-1153-upside-in-2023/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289814769","content_text":"This has been a historic year for all the wrong reasons. The bond market has delivered its worst year on record, the S&P 500 produced its worst first-half return in 52 years, and the nation's central bank is aggressively raising interest rates as the stock market plunges. There simply haven't been many safe havens for investors.Yet in spite of these challenges, most Wall Street analysts maintain an optimistic tone. The reason being that recessions and bear markets tend to be short-lived. With the major U.S. indexes eventually erasing corrections, crashes, and bear markets over time, it generally pays to be an optimist.However, some analysts are taking optimism to an extreme. Based on the highest price targets issued by Wall Street, the following three supercharged growth stocks offer upside ranging between 393% and 1,153% in 2023.Plug Power: Implied upside of 393%The first fast-paced company with serious upside is hydrogen fuel-cell solution provider Plug Power. According to analyst Amit Dayal of H.C. Wainwright, Plug Power can reach $78. For those of you keeping score at home, this would work out to a near-quintupling in the company's share price in 2023.Dayal's optimism stems from a number of catalysts. First and foremost is the ongoing shift by most developed countries toward a renewable-energy-driven future. Plug expects to play a key role in supplying fuel cells for vehicles and industrial equipment (e.g., forklifts), as well as building the infrastructure needed to support fuel cell vehicle refueling.Additionally, Dayal is excited about management's efforts to improve operating margin while continuing to rapidly growing sales. Earlier this year, Dayal cited the opening of the company's fuel cell gigafactory in New York (this occurred in mid-November) and the rollout of next-generation GenDrive units, which are less costly to service, as reasons the company's margin can improve.But the biggest catalyst of all might just be Plug Power's ability to forge partnerships and joint ventures. It landed an equity investment from SK Group in early 2021 and is working with Renault via a joint venture to go after a significant portion of Europe's light commercial vehicle market. These partnerships should help lift Plug from just over $500 million in sales in 2021 to a company-forecast $3 billion in revenue by 2025.However -- and this is the big \"however\" -- Plug Power isn't profitable, and the growing likelihood of a U.S. recession, coupled with high inflation in most developed countries, could coerce businesses and governments to postpone their green-energy transition/spending to a later date.With Plug Power already valued at north of $9 billion, a lot of its future sales growth appears to be baked in. Until the company can plant its proverbial feet in the ground and deliver on the bottom line, a $78 price target will be hard to justify.Bionano Genomics: Implied upside of 474%A second supercharged growth stock with monumental upside, at least according to one Wall Street analyst, is small-cap genome analysis company Bionano Genomics. If Oppenheimer analyst Francois Brisebois is correct, Bionano shares will hit $12 in 2023, which would represent an upside of a cool 474%.Although Brisebois is the current analyst covering Bionano for Oppenheimer, it was his predecessor, Kevin DeGeeter, who primarily laid out the case for Bionano Genomics running to $12. In DeGeeter's view, Bionano's optical genome mapping (OGM) system, known as Saphyr, has demonstrated that it's faster, less expensive, and in many ways more effective at identifying structural genome variations than other OGM systems.One thing investors don't have to worry about with Bionano Genomics is a lack of data demonstrating Saphyr's efficacy. Over the past two years, the company has released numerous studies and data points extolling Saphyr's ability to recognize structural variations in everything from various types of cancer to genetic disorders and recurrent pregnancy loss. In theory, Saphyr can play a key role in helping researchers and drug developers fight hard-to-treat diseases.Another positive for Bionano Genomics is its healthy cash position. After its share price went parabolic to begin 2021, management wisely chose to issue stock to raise plenty of capital. The company ended September with approximately $180 million in cash, cash equivalents, and available-for-sale securities.  That's more than enough to offset quarterly losses as the company continues to innovate and look for ways to expand Saphyr's utility.So, why is Bionano Genomics at $2.09 per share and not $12? The answer to that question largely has to do with Saphyr not being an approved diagnostic system by the U.S. Food and Drug Administration (FDA). Without this approval, Saphyr's utility is limited within the United States. It's not exactly clear if and when Saphyr might get the green light from the FDA, either.Although Bionano's cash does provide a somewhat safe floor, the ceiling proposed by Brisebois and DeGeeter doesn't seem achievable without FDA support.Novavax: Implied upside of 1,153%The third supercharged growth stock with truly jaw-dropping upside potential, based on the price target of one analyst, is biotech stock Novavax. According to H.C. Wainwright analyst Vernon Bernardino, who last updated his firm's price target in March 2022, Novavax is poised to hit (drum roll) $207 per share. That represents a whopping 1,153% upside from where shares ended this past week.Bernardino's price target, which sits as the high-water mark among covering analysts, was based on the idea that Novavax would receive authorization to sell its protein-based COVID-19 vaccine, NVX-CoV2373, worldwide. Whereas the Moderna and Pfizer/BioNTech vaccines rely on messenger-RNA (mRNA) technology, the Novavax vaccine is differentiated in that it relies on an older and more traditional application of introducing harmless pieces of spike protein to teach a person's immune system how to fight and/or prevent infection. The thinking here is that folks who were leery of getting an mRNA vaccine might be more willing to receive an initial series or booster shots from Novavax's protein-based COVID-19 vaccine.Something else that's working in Novavax's favor is the efficacy of NVX-CoV2373. Only three COVID-19 vaccines have reached the highly coveted 90% vaccine efficacy (VE) level. Those being Moderna (94.1%), Pfizer/BioNTech (95%), and Novavax (90.4%) with its U.S./Mexico trial in 2021. Even though VE is just one measure of efficacy, it's a strong enough headline number to keep Novavax in the global rotation as a major initial series and booster vaccine player.Similar to Bionano, Novavax is swimming with cash. The company ended the third quarter with $1.28 billion in cash and cash equivalents, which is more than enough to cover the future repayment of its convertible notes and fuel ongoing research.  In particular, Novavax could be one of the first drug developers to bring a combination vaccine targeting COVID-19 and influenza to market.But even being a shareholder, I don't in any way foresee $207 as a viable price target for Novavax in 2023. With the company enduring numerous emergency-use filing delays and production snafus, it missed out on most of the low-hanging fruit in developed markets in 2022. Moving forward, it'll primarily be focusing its attention on recurring booster shots in developed countries and initial series vaccinations in emerging markets.While I believe Novavax is an amazing value at its current share price, it could take a couple of quarters before Wall Street realizes that as well. If sales growth continues, losses shrink, and the company advances its combination vaccines, it could certainly end 2023 on a much higher note than it'll finish 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919429549,"gmtCreate":1663848717381,"gmtModify":1676537348909,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>☹️☹️☹️","listText":"<a href=\"https://ttm.financial/S/SKLZ\">$Skillz Inc(SKLZ)$</a>☹️☹️☹️","text":"$Skillz Inc(SKLZ)$☹️☹️☹️","images":[{"img":"https://community-static.tradeup.com/news/c0c9eb16045b83b6f4538e401b1d8f03","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919429549","isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9911288663,"gmtCreate":1664212242052,"gmtModify":1676537411000,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👍","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👍","text":"$Daqo New(DQ)$👍","images":[{"img":"https://community-static.tradeup.com/news/8b0576b1c09abfd53438e46ed055508f","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911288663","isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9930805716,"gmtCreate":1661921329637,"gmtModify":1676536604816,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>😭😭😭","listText":"<a href=\"https://ttm.financial/S/8VI.AU\">$8VI Holdings Ltd(8VI.AU)$</a>😭😭😭","text":"$8VI Holdings Ltd(8VI.AU)$😭😭😭","images":[{"img":"https://community-static.tradeup.com/news/7bca5b5f854f2ebf1e7cf1427f8cf2ee","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9930805716","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9077735086,"gmtCreate":1658577529845,"gmtModify":1676536178639,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>Keep for long term investment 😊","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>Keep for long term investment 😊","text":"$Daqo New(DQ)$Keep for long term investment 😊","images":[{"img":"https://community-static.tradeup.com/news/582ce0c5c37c6ec9e1fe8d09247bb62a","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077735086","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9078513111,"gmtCreate":1657713691933,"gmtModify":1676536049720,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👏👏👏","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👏👏👏","text":"$Daqo New(DQ)$👏👏👏","images":[{"img":"https://community-static.tradeup.com/news/c6ea292b818db7d09c150058b1c7a25d","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078513111","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":290957613080696,"gmtCreate":1712060489503,"gmtModify":1712060494114,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Today Hong Kong Market 😜","listText":"Today Hong Kong Market 😜","text":"Today Hong Kong Market 😜","images":[{"img":"https://community-static.tradeup.com/news/77c9a22fcef61bbde8bd8b6ca89e31ed","width":"972","height":"1571"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/290957613080696","isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9931634637,"gmtCreate":1662444173529,"gmtModify":1676537061726,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/LU\">$Lufax(LU)$</a>😭😭😭","listText":"<a href=\"https://ttm.financial/S/LU\">$Lufax(LU)$</a>😭😭😭","text":"$Lufax(LU)$😭😭😭","images":[{"img":"https://community-static.tradeup.com/news/fb48839a46b23525723585f7ee56a146","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931634637","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9942630390,"gmtCreate":1681203621010,"gmtModify":1681203624718,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942630390","repostId":"2326693364","repostType":4,"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022400199,"gmtCreate":1653560998211,"gmtModify":1676535304089,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022400199","repostId":"2238318565","repostType":4,"repost":{"id":"2238318565","pubTimestamp":1653550825,"share":"https://ttm.financial/m/news/2238318565?lang=&edition=fundamental","pubTime":"2022-05-26 15:40","market":"us","language":"en","title":"3 Things About Apple That Smart Investors Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2238318565","media":"Motley Fool","summary":"There's a lot more to the tech giant than its annual iPhone shipments.","content":"<html><head></head><body><p>If you&#39;ve been following <b>Apple</b> from an investment perspective -- and even if you haven&#39;t -- you probably already know that most of its revenue comes from sales of the iPhone. That&#39;s why analysts who cover the tech giant are always speculating about how many iPhones it will be able to ship in a given year.</p><p>In addition, of course, Apple also sells iPads, Macs, Apple Watches, AirPods, Apple TVs, and HomePods, among other devices. However, analyzing Apple&#39;s hardware sales only provides a superficial understanding of its sprawling business. To dive deeper, let&#39;s review three other facts about Apple that only the smartest investors will likely know.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc0db7aae99872ee508b75351882fff1\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Apple.</span></p><h2>1. Apple operates a prisoner-taking ecosystem</h2><p>Apple&#39;s services segment, which generated 18% of its revenue in the first half of its fiscal 2022, is arguably more important than any of its hardware businesses. This segment includes iCloud, Apple Pay, the App Store, and subscription-based digital media services like Apple Music, Apple TV+, Apple Arcade, and Apple Fitness+. It also covers its Apple Care services.</p><p>These are the building blocks of a prisoner-taking ecosystem that essentially locks in Apple&#39;s customers and reinforces their loyalty to iOS devices. Unlike <b>Alphabet</b>&#39;s Android OS, which lets its users easily switch between different brands of Android devices without losing their data, Apple&#39;s proprietary operating system and services steer its customers along a single upgrade path toward other iOS devices.</p><p>As of March 26 -- the end of Apple&#39;s fiscal 2022 Q2 -- it had 825 million paid subscriptions across all of its services -- which represented a net addition of 165 million paid subscriptions over the prior 12 months. During the earnings conference call, CFO Luca Maestri said the company would &#34;continue to improve the breadth and the quality of our current service offerings while launching new services.&#34;</p><h2>2. It still enjoys unmatched loyalty</h2><p>In October, a survey by Consumer Intelligence Research Partners found that the loyalty rate for Apple&#39;s iPhone in the U.S. had surpassed 90% for the past three consecutive years. None of the Android leaders, including <b>Samsung</b>, came close to matching that.</p><p>Apple&#39;s customer loyalty has also been supported by its growth as a global luxury brand. A few years ago, the Hurun Research Institute found that Apple had surpassed <b>LVMH</b>&#39;s Louis Vuitton, <b>Hermès</b>, and <b>Richemont</b>&#39;s Cartier as China&#39;s most coveted luxury brand.</p><p>No other smartphone maker made that list. That cachet gives Apple a lot more pricing power than its industry peers.</p><h2>3. Its future will be augmented</h2><p>Apple plans to leverage the stickiness of its brand to launch new hardware products over the next few years. Its first target will likely be the nascent market for augmented reality (AR) and virtual reality (VR) devices.</p><p>Apple has reportedly been developing at least two AR/VR devices. The first one is rumored to be an AR/VR &#34;mixed reality&#34; headset that could arrive in 2023. This device could compete against <b>Microsoft</b>&#39;s HoloLens and <b>Meta Platforms</b>&#39;s Quest headsets.</p><p>The second device could be a sleeker pair of AR smart glasses that might launch in 2024 or 2025. Meta, which launched its Ray-Ban Stories smart glasses last year, also has similar products in its pipeline.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e83bf55d2d97b1b05191423dd04a352c\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>Apple has built a new operating system for these AR/VR devices called rOS, which includes its own native App Store. These plans strongly suggest that Apple will emerge as a major competitor to Meta in the expanding &#34;metaverse&#34; market.</p><p>Lastly, Apple has also been developing an autonomous electric vehicle (EV) codenamed &#34;Project Titan.&#34; The latest rumors suggest it could launch between 2024 and 2028, but not much else is known about the vehicle yet. If Apple actually launches a luxury EV, it could spell trouble for market leaders like<b> Tesla </b>and newcomers like<b> Lucid</b>.</p><h2>Is Apple&#39;s stock still worth buying today?</h2><p>For Apple, the year-over-year comparisons it has ahead will be tough, as last year, its sales were notably boosted by people upgrading to 5G devices. And like companies all across the economy, it&#39;s also grappling with ongoing supply chain challenges. As such, investors should expect its growth to decelerate this year.</p><p>Nevertheless, Apple still has plenty of irons in the fire, and I believe its stock is reasonably valued at 23 times forward earnings. Its shares might not blast off anytime soon -- especially as rising interest rates rattle the markets -- but it&#39;s still a solid investment for long-term investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things About Apple That Smart Investors Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Things About Apple That Smart Investors Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-26 15:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/25/3-things-about-apple-that-smart-investors-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've been following Apple from an investment perspective -- and even if you haven't -- you probably already know that most of its revenue comes from sales of the iPhone. That's why analysts who ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/25/3-things-about-apple-that-smart-investors-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2022/05/25/3-things-about-apple-that-smart-investors-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238318565","content_text":"If you've been following Apple from an investment perspective -- and even if you haven't -- you probably already know that most of its revenue comes from sales of the iPhone. That's why analysts who cover the tech giant are always speculating about how many iPhones it will be able to ship in a given year.In addition, of course, Apple also sells iPads, Macs, Apple Watches, AirPods, Apple TVs, and HomePods, among other devices. However, analyzing Apple's hardware sales only provides a superficial understanding of its sprawling business. To dive deeper, let's review three other facts about Apple that only the smartest investors will likely know.Image source: Apple.1. Apple operates a prisoner-taking ecosystemApple's services segment, which generated 18% of its revenue in the first half of its fiscal 2022, is arguably more important than any of its hardware businesses. This segment includes iCloud, Apple Pay, the App Store, and subscription-based digital media services like Apple Music, Apple TV+, Apple Arcade, and Apple Fitness+. It also covers its Apple Care services.These are the building blocks of a prisoner-taking ecosystem that essentially locks in Apple's customers and reinforces their loyalty to iOS devices. Unlike Alphabet's Android OS, which lets its users easily switch between different brands of Android devices without losing their data, Apple's proprietary operating system and services steer its customers along a single upgrade path toward other iOS devices.As of March 26 -- the end of Apple's fiscal 2022 Q2 -- it had 825 million paid subscriptions across all of its services -- which represented a net addition of 165 million paid subscriptions over the prior 12 months. During the earnings conference call, CFO Luca Maestri said the company would \"continue to improve the breadth and the quality of our current service offerings while launching new services.\"2. It still enjoys unmatched loyaltyIn October, a survey by Consumer Intelligence Research Partners found that the loyalty rate for Apple's iPhone in the U.S. had surpassed 90% for the past three consecutive years. None of the Android leaders, including Samsung, came close to matching that.Apple's customer loyalty has also been supported by its growth as a global luxury brand. A few years ago, the Hurun Research Institute found that Apple had surpassed LVMH's Louis Vuitton, Hermès, and Richemont's Cartier as China's most coveted luxury brand.No other smartphone maker made that list. That cachet gives Apple a lot more pricing power than its industry peers.3. Its future will be augmentedApple plans to leverage the stickiness of its brand to launch new hardware products over the next few years. Its first target will likely be the nascent market for augmented reality (AR) and virtual reality (VR) devices.Apple has reportedly been developing at least two AR/VR devices. The first one is rumored to be an AR/VR \"mixed reality\" headset that could arrive in 2023. This device could compete against Microsoft's HoloLens and Meta Platforms's Quest headsets.The second device could be a sleeker pair of AR smart glasses that might launch in 2024 or 2025. Meta, which launched its Ray-Ban Stories smart glasses last year, also has similar products in its pipeline.Image source: Getty Images.Apple has built a new operating system for these AR/VR devices called rOS, which includes its own native App Store. These plans strongly suggest that Apple will emerge as a major competitor to Meta in the expanding \"metaverse\" market.Lastly, Apple has also been developing an autonomous electric vehicle (EV) codenamed \"Project Titan.\" The latest rumors suggest it could launch between 2024 and 2028, but not much else is known about the vehicle yet. If Apple actually launches a luxury EV, it could spell trouble for market leaders like Tesla and newcomers like Lucid.Is Apple's stock still worth buying today?For Apple, the year-over-year comparisons it has ahead will be tough, as last year, its sales were notably boosted by people upgrading to 5G devices. And like companies all across the economy, it's also grappling with ongoing supply chain challenges. As such, investors should expect its growth to decelerate this year.Nevertheless, Apple still has plenty of irons in the fire, and I believe its stock is reasonably valued at 23 times forward earnings. Its shares might not blast off anytime soon -- especially as rising interest rates rattle the markets -- but it's still a solid investment for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941143478,"gmtCreate":1680079365595,"gmtModify":1680079369009,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"👏👏👏","listText":"👏👏👏","text":"👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941143478","repostId":"1174166301","repostType":2,"repost":{"id":"1174166301","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1680076850,"share":"https://ttm.financial/m/news/1174166301?lang=&edition=fundamental","pubTime":"2023-03-29 16:00","market":"us","language":"en","title":"UP Fintech posts annual revenue of US$225.4 million in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1174166301","media":"Tiger Newspress","summary":"The company turns a profit in non-GAAP terms for the third consecutive year Annual target of new fun","content":"<html><head></head><body><ul><li><p>The company turns a profit in non-GAAP terms for the third consecutive year</p></li><li><p><span style=\"color:#3370FF;\"> </span>Annual target of new funded accounts is overachieved amid scaled-up global expansion</p></li></ul><p style=\"text-align: start;\"><strong>Singapore and New York, March 29, 2023 — UP Fintech Holding Limited</strong> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.</p><p style=\"text-align: start;\">Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.</p><p style=\"text-align: start;\">In the fourth quarter of 2022, UP Fintech&#39;s total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.</p><p style=\"text-align: start;\">During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company&#39;s annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.</p><p style=\"text-align: start;\">In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers&#39; total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.</p><p style=\"text-align: start;\">&#34;In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve&#39;s interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,&#34; said <strong>Wu Tianhua, CEO and founder of UP Fintech</strong>.</p><p style=\"text-align: start;\">&#34;<strong>Looking back over the past year</strong>, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&amp;D and increasing operational efficiency, actions that halved the company&#39;s clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. <strong>Looking forward</strong>, we are optimistic about the market, and will remain zeroed in on R&amp;D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,&#34; <strong>Wu added</strong>.</p><p style=\"text-align: start;\"><strong>In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoY</strong></p><p style=\"text-align: start;\"><strong>Tiger Trade extensively favored for global investing across Singapore</strong></p><p style=\"text-align: start;\">In 2022, the company&#39;s global expansion tread steadily with positive outcomes and increasingly wide public recognition.</p><p style=\"text-align: start;\">By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.</p><p style=\"text-align: start;\">In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company&#39;s rising attraction to high-net-worth customers.</p><p style=\"text-align: start;\">Thanks to the unparalleled user experience offered by the company&#39;s innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.</p><p style=\"text-align: start;\">The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.</p><p style=\"text-align: start;\"><strong>Official arrival in Hong Kong with bang for the buck offers</strong></p><p style=\"text-align: start;\">The company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.</p><p style=\"text-align: start;\">Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.</p><p style=\"text-align: start;\">In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.</p><p style=\"text-align: start;\">In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in &#34;International Share Trading&#34; category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.</p><p style=\"text-align: start;\"><strong>US stock AIP and fractional share features introduced</strong></p><p style=\"text-align: start;\"><strong>In a bid to help investors weather market volatilities</strong></p><p style=\"text-align: start;\">In 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%</p><p style=\"text-align: start;\">In Q4, the Automatic Investment Plan (AIP) feature officially supported S&amp;P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.</p><p style=\"text-align: start;\">AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.</p><p style=\"text-align: start;\">Both features — US stock fractional share trading and AIP — represent the company&#39;s latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retention</p><p style=\"text-align: start;\">In Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.</p><p style=\"text-align: start;\"><strong>Tiger Vault grows further and stronger</strong></p><p style=\"text-align: start;\"><strong>Annualized yield reaches 4.7%*</strong></p><p style=\"text-align: start;\">The company&#39;s wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers&#39; assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.</p><p style=\"text-align: start;\">Until now, Tiger Vault&#39;s seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.</p><p style=\"text-align: start;\">In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.</p><p style=\"text-align: start;\">The company&#39;s investor education initiative further dived in to understand the investors&#39; demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.</p><p style=\"text-align: start;\">A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.</p><p style=\"text-align: start;\"><strong>Ranked third globally by US IPO underwriting deal count</strong></p><p style=\"text-align: start;\"><strong>&#39;Consulting + SaaS&#39; ESOP closed-loop system structured to transform equity management</strong></p><p style=\"text-align: start;\">During Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.</p><p style=\"text-align: start;\">The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market&#39;s warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.</p><p style=\"text-align: start;\">In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.</p><p style=\"text-align: start;\">Starting from Q4, the company&#39;s ESOP business spun off to operate under the new brand &#34;UponeShare&#34;. In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.</p><p style=\"text-align: start;\">In 2022, UponeShare launched consulting services for incentive stock options, part of the &#34;consulting + SaaS&#34; closed-loop system shaped to speed up the sector&#39;s equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China&#39;s A-share system, while services including foreign currency registration and taxation recordation started to win the clients&#39; hearts.</p><p style=\"text-align: start;\">In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\">*4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault&#39;s fund SGXZ99103178. Please note that this historical rate does not guarantee the fund&#39;s future yields.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: start;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p style=\"text-align: start;\">Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p style=\"text-align: start;\">We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: start;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.</p><p style=\"text-align: start;\">For more information about UP Fintech as a company, please visit itigerup.com</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: start;\">This announcement contains forward−looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company&#39;s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</p><p style=\"text-align: start;\"> </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech posts annual revenue of US$225.4 million in 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech posts annual revenue of US$225.4 million in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-29 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p>The company turns a profit in non-GAAP terms for the third consecutive year</p></li><li><p><span style=\"color:#3370FF;\"> </span>Annual target of new funded accounts is overachieved amid scaled-up global expansion</p></li></ul><p style=\"text-align: start;\"><strong>Singapore and New York, March 29, 2023 — UP Fintech Holding Limited</strong> (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.</p><p style=\"text-align: start;\">Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.</p><p style=\"text-align: start;\">In the fourth quarter of 2022, UP Fintech&#39;s total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.</p><p style=\"text-align: start;\">During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company&#39;s annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.</p><p style=\"text-align: start;\">In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers&#39; total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.</p><p style=\"text-align: start;\">&#34;In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve&#39;s interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,&#34; said <strong>Wu Tianhua, CEO and founder of UP Fintech</strong>.</p><p style=\"text-align: start;\">&#34;<strong>Looking back over the past year</strong>, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&amp;D and increasing operational efficiency, actions that halved the company&#39;s clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. <strong>Looking forward</strong>, we are optimistic about the market, and will remain zeroed in on R&amp;D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,&#34; <strong>Wu added</strong>.</p><p style=\"text-align: start;\"><strong>In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoY</strong></p><p style=\"text-align: start;\"><strong>Tiger Trade extensively favored for global investing across Singapore</strong></p><p style=\"text-align: start;\">In 2022, the company&#39;s global expansion tread steadily with positive outcomes and increasingly wide public recognition.</p><p style=\"text-align: start;\">By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.</p><p style=\"text-align: start;\">In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company&#39;s rising attraction to high-net-worth customers.</p><p style=\"text-align: start;\">Thanks to the unparalleled user experience offered by the company&#39;s innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.</p><p style=\"text-align: start;\">The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.</p><p style=\"text-align: start;\"><strong>Official arrival in Hong Kong with bang for the buck offers</strong></p><p style=\"text-align: start;\">The company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.</p><p style=\"text-align: start;\">Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.</p><p style=\"text-align: start;\">In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.</p><p style=\"text-align: start;\">In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in &#34;International Share Trading&#34; category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.</p><p style=\"text-align: start;\"><strong>US stock AIP and fractional share features introduced</strong></p><p style=\"text-align: start;\"><strong>In a bid to help investors weather market volatilities</strong></p><p style=\"text-align: start;\">In 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%</p><p style=\"text-align: start;\">In Q4, the Automatic Investment Plan (AIP) feature officially supported S&amp;P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.</p><p style=\"text-align: start;\">AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.</p><p style=\"text-align: start;\">Both features — US stock fractional share trading and AIP — represent the company&#39;s latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retention</p><p style=\"text-align: start;\">In Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.</p><p style=\"text-align: start;\"><strong>Tiger Vault grows further and stronger</strong></p><p style=\"text-align: start;\"><strong>Annualized yield reaches 4.7%*</strong></p><p style=\"text-align: start;\">The company&#39;s wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers&#39; assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.</p><p style=\"text-align: start;\">Until now, Tiger Vault&#39;s seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.</p><p style=\"text-align: start;\">In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.</p><p style=\"text-align: start;\">The company&#39;s investor education initiative further dived in to understand the investors&#39; demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.</p><p style=\"text-align: start;\">A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.</p><p style=\"text-align: start;\"><strong>Ranked third globally by US IPO underwriting deal count</strong></p><p style=\"text-align: start;\"><strong>&#39;Consulting + SaaS&#39; ESOP closed-loop system structured to transform equity management</strong></p><p style=\"text-align: start;\">During Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.</p><p style=\"text-align: start;\">The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market&#39;s warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.</p><p style=\"text-align: start;\">In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.</p><p style=\"text-align: start;\">Starting from Q4, the company&#39;s ESOP business spun off to operate under the new brand &#34;UponeShare&#34;. In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.</p><p style=\"text-align: start;\">In 2022, UponeShare launched consulting services for incentive stock options, part of the &#34;consulting + SaaS&#34; closed-loop system shaped to speed up the sector&#39;s equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China&#39;s A-share system, while services including foreign currency registration and taxation recordation started to win the clients&#39; hearts.</p><p style=\"text-align: start;\">In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\">*4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault&#39;s fund SGXZ99103178. Please note that this historical rate does not guarantee the fund&#39;s future yields.</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: start;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.</p><p style=\"text-align: start;\">Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.</p><p style=\"text-align: start;\">We strive to elevate financial technology R&amp;D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: start;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform &#34;Tiger Trade&#34;, own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.</p><p style=\"text-align: start;\">For more information about UP Fintech as a company, please visit itigerup.com</p><p style=\"text-align: start;\"> </p><p style=\"text-align: start;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: start;\">This announcement contains forward−looking statements. These statements are made under the &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (&#34;SEC&#34;) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company&#39;s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;s annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC.</p><p style=\"text-align: start;\"> </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174166301","content_text":"The company turns a profit in non-GAAP terms for the third consecutive year Annual target of new funded accounts is overachieved amid scaled-up global expansionSingapore and New York, March 29, 2023 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), an online brokerage with a focus on redefining global investing with technologies for the next generation, announced its unaudited financial results for the quarter and the year ended December 31, 2022.Amid the macroeconomic headwinds and market volatilities worldwide in 2022, the company showcased its strong strategic execution capabilities and improved operational efficiency, posting annual revenue of US$225.4 million and non-GAAP net income attributable to UP Fintech of US$12.68 million — registering a profit for the third consecutive year.In the fourth quarter of 2022, UP Fintech's total revenue amounted to US$63.85 million, up 15.2% quarter-over-quarter (QoQ), and the non-GAAP net income was numbered at US$4.52 million.During Q4, the number of new customer accounts globally increased by 37,600, bringing the total account holders to over 2 million. The number of new funded accounts (new customers with deposits) rose by 27,300 to a total of 781,500 worldwide in Q4, bolstering the company's annual acquisition of 108,100 new customers with deposits — a number overachieving the target of 100,000 new funded accounts in 2022.In Q4 2022, the total trading volume from customers stood at US$68.5 billion, of which US$20.5 billion was on share trading. On a different note, 7.4 million options and futures contracts were made on the platform during the period. The customers' total account balance (assets) amounted to US$14.0 billion by the end of the period, up 8.1% QoQ. The net asset inflow from customers went above US$1.4 billion, with 98% of customers with assets retained during the period.\"In the fourth quarter, our interest-related incomes expanded on both year-over-year (YoY) and quarter-over-quarter (QoQ) basis, boosted by the Federal Reserve's interest rate hikes. Our revenue continued to grow QoQ, and the net income was up YoY,\" said Wu Tianhua, CEO and founder of UP Fintech.\"Looking back over the past year, in spite of the macroeconomic headwinds, the company presented its resilience with solid results. We were committed to investing in R&D and increasing operational efficiency, actions that halved the company's clearing-related costs on a YoY basis and made non-GAAP income profitable for the third consecutive year. On the business operations front, we are pleased to see that our annual target of new funded accounts was overachieved. Our global expansion thrust us into Hong Kong, where we are bringing the most price-to-performance global investing services. Product-wise, we introduced fractional shares trading and auto-invest plan (AIP) for US stocks — features we believe will drive long-term customer growth and promote user stickiness. Looking forward, we are optimistic about the market, and will remain zeroed in on R&D and efficiency, while staying compliant in all the markets where we operate, in a relentless effort to let everyone enjoy innovative and high-quality fintech products,\" Wu added.In Singapore, average net deposit of new customers rises for 3rd consecutive quarter, trading volume up 56% YoYTiger Trade extensively favored for global investing across SingaporeIn 2022, the company's global expansion tread steadily with positive outcomes and increasingly wide public recognition.By the end of 2022, in Singapore about a third of local adult residents aged above 20 had used Tiger Trade, making the platform extensively favored in one of the global financial centers — thanks to the wide trust the company has continuously gained from local clients and its stepped-up localized business strategy.In Q4, the average net deposit of newly acquired clients grew for the third consecutive quarter to almost reach the US$12,000 threshold, indicating the company's rising attraction to high-net-worth customers.Thanks to the unparalleled user experience offered by the company's innovative products, the flagship platform Tiger Trade has become one of the top choices for trading Singapore Exchange (SGX) listed stocks, where in Q4, 1.02 billion SGX shares were traded with a total volume of US$540 million (SG$727 million), up 56% YoY.The company continuously deepened its link with prestigious financial institutions in the market. In collaboration with UOBAM, the United Fixed Maturity Bond Fund 1, a fixed-term product offering an annualized yield of up to 4.95% over the next three years, was launched. The product, managed by UOBAM, aims to take advantage of rising interest rates to lock in higher returns.Official arrival in Hong Kong with bang for the buck offersThe company officially expanded its business into Hong Kong in Q4, and has been widely lauded for its best price-to-performance products and services offered in this financial center of the world.Hong Kong residents are able to enjoy one-stop global investing services including Hong Kong stocks, warrants, callable bull/bear contracts (CBBCs), US stocks, US stock fractional shares, and ETFs — all in one account on Tiger Trade.In Hong Kong, investors can also opt for a maximum 20x leverage financing for Hong Kong IPO shares in public and global offerings, an alternative that largely helps them seize investing opportunities.In Australia, the recognition of the company kept rising among the general public. In November, Tiger Trade was awarded a 5-star rating in \"International Share Trading\" category by the trusted financial comparison site Canstar. The rating was based on the outstanding value offered to all-level investors, including features such as live market data, dynamic trading, market insights, and education tools, as well as competitive trade costs.US stock AIP and fractional share features introducedIn a bid to help investors weather market volatilitiesIn 2022, the company registered US$93.1 million for interest-related income, up 16.9% YoY. In the fourth quarter alone, the gross commission income was US$24.93 million, along with a US$33.13 million interest-related income, up 46.9% YoY. The self-clearing system greatly improved operational efficiency by slashing relevant costs by 49.9%In Q4, the Automatic Investment Plan (AIP) feature officially supported S&P 500 stocks for users worldwide and lowered the investment threshold to US$1, the latest addition to US stock fractional sharing trading and a shift to the self-clearing system from the previous quarter.AIP offers investors a strategy to break even their buy-in costs, helping them tackle market movements in a rational manner and bringing long-term added value to their assets.Both features — US stock fractional share trading and AIP — represent the company's latest fruits cultivated by continuous trading technology and customer service innovations in 2022, which largely benefit the company in achieving user growth, improving user stickiness, and consolidating user retentionIn Q4, Tiger Trade users also started exclusively enjoying the individual stock financial results forecast feature till as far as three years ahead — a new extension only made possible by AI and big data technologies.Tiger Vault grows further and strongerAnnualized yield reaches 4.7%*The company's wealth management arm saw progress in Q4 with optimizations applied to Tiger Vault. Customers' assets in cash holding accounts are linked to trading financial products including stocks, funds, and options. Automatic subscriptions and redemptions are also available.Until now, Tiger Vault's seven-day annualized rate of return has reached 4.7% at its peak, outshining all the other products in the same category.In Q4, Tiger Vault saw the assets under management (AUM) up by 132.7% QoQ, and the number of account holders increased by 104.6% QoQ. This helped boost the AUM of the whole wealth management business by 103.1% QoQ, with the number of account holders up by 62.0% QoQ during the same period.The company's investor education initiative further dived in to understand the investors' demand by going live with a series of courses catered to both fresh and seasoned investors, covering topics from Hong Kong stock trading, US stock trading, financial derivatives trading, exchange-traded funds, company valuation analysis, earnings results breakdown, etc.A long-term collaboration was also forged with SGX, in which financial institutions, including Standard Chartered, offered investors deep analysis on popular investment topics and sought-after industry analysis.Ranked third globally by US IPO underwriting deal count'Consulting + SaaS' ESOP closed-loop system structured to transform equity managementDuring Q4, other revenues from to-business corporate services, including investment banking and employee stock ownership plan (ESOP), reached US$5.8 million, up 46.4% QoQ. The total of other services reached US$24.19 million in 2022.The company underwrote 14 Hong Kong IPOs, a number that overtook the total deal count from the previous three quarters, amid the market's warm-up. In 2022, the company participated in 53 US and Hong Kong IPO projects.In 2022, the company got third rank among all global investment banks in terms of deal count of US IPOs underwritten, according to third-party statistics, which also reveal that the company ranked second in the year in IPOs in various underwriting types, including for special purpose acquisition companies (SPACs), thanks to its years of accumulation of expertise in underwriting.Starting from Q4, the company's ESOP business spun off to operate under the new brand \"UponeShare\". In Q4, 26 ESOP clients were signed, bringing the number of new clients in 2022 to 106 and the total number of clients to 419, up 34% YoY.In 2022, UponeShare launched consulting services for incentive stock options, part of the \"consulting + SaaS\" closed-loop system shaped to speed up the sector's equity management digital transformation. Non-stop innovations were also seen in its products with the amount/value adjustment feature introduced for mainland China's A-share system, while services including foreign currency registration and taxation recordation started to win the clients' hearts.In 2022, 71 corporate clients opened their Tiger Enterprise Accounts, bringing the total clientele to 366. With its strategy of weaving online communications into offline experience sessions, the service is one of the go-to channels for companies seeking a Hong Kong or US IPO. *4.7% was the seven-day annualized yield rate marked on March 24, 2023 for Tiger Vault's fund SGXZ99103178. Please note that this historical rate does not guarantee the fund's future yields. About UP FintechUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage with a focus on redefining global investing with technology for the next generation.Founded in 2014, we relentlessly offer a superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.We strive to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform \"Tiger Trade\", own 69 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and mainland China.For more information about UP Fintech as a company, please visit itigerup.com Safe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as \"may,\" \"might,\" \"aim,\" \"likely to,\" \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\"SEC\") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 28, 2022. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933509472,"gmtCreate":1662307917596,"gmtModify":1676537034214,"author":{"id":"4097751093228150","authorId":"4097751093228150","name":"FlyDragon","avatar":"https://static.tigerbbs.com/8e9524670961cd91345ca7fb3d88c539","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4097751093228150","authorIdStr":"4097751093228150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👍👍👍","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$</a>👍👍👍","text":"$Daqo 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